Registered User
Joined: 1/2/2005
Posts: 33
|
D.Worden discusses "8 important averages". Among these are Dow,Russell 1K & 2K,Small & Mid caps and the Nasdaq,s.
He goes on to the Breadth Groups and analyzes these.
I refer you to his report 4/20.
Would you kindly shed some light on the procedure
he utilizes and why this extensive study.
Several reports have the same
Grizzly
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
I cannot speak for Don Worden and the trainers cannot give settings, interpretation or investment advice. The only reading suggestion I can offer as to finding out more about the procedures he uses and why come from the Daily Worden Reports themselves:
IMPORTANT: The concepts of Primary, Intermediate and Minor trends emanate from Dow Theory.
For a discussion of trends, refer to The Worden Reports of June 13 , 14 and 15 2006. For further discussion of Dow Theory we recommend "Street Smart Chart Reading Vol. 2"Pages 35-39 by Don Worden, "The Dow Theory" by Robert Rhea, "The Stock Market Barometer" by William P. Hamilton, "The Technical Analysis of Stock Trends" by Edwards and Magee.
An earlier Daily Worden Report has some additional references that might be useful:
IMPORTANT: The concepts of Primary, Intermediate and Minor trends emanate from Dow Theory.
For a discussion of trends, refer to The Worden Reports of March 3 and 4 2005. For discussions on Trends in relation to the Trend Table, please read The Worden Reports of December 12, 19 and 21, 2005, and of January 4, 2006. Also please read "Street Smart Chart Reading - Vol. 2" - Pages 35-39 by Don Worden. We regard all this reading as imperative. Until you have done so, we can't understand your questions and you can't understand our answers.
"The Technical Analysis Course" by Thomas Meyers is recommended as a broad-based introduction to technical analysis for beginners and as a handy reference guide for all traders.
I do not have any additional information on Don Worden's daily trading routine. Letters to Peter or Don Worden, including submissions to the knight program, may be so directed by sending them to support@worden.com.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|